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244 West 53rd Street

244 West 53rd Street, Los Angeles, CA 90037
Property in South LA
Sold Jan 23, 2015
$600,000
$589,132 by Movement Mortgage
Mortgage Due Feb 01, 2045
Sold May 09, 2014
$204,000
$348,000 by Thomas Nix Jr Roth Ira
Mortgage
244 West 53rd Street has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 2014 and is 10 years old. The home has a total of 10 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 244 West 53rd Street has 3,366 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,300 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,201 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The inside of the home is being cooled with a refrigeration air conditioning system at the moment. In terms of heating, it is utilizing floor/wall heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 244 West 53rd Street was last sold in Sep 17, 2014 for $600,000. According to our calculations, that's $178.25 per sqft. Prior to that sales transaction, the property was sold for $204,000 in Jan 27, 2014. Current property owners are expected to pay $8,222 in taxes per year. The property on 244 West 53rd Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $693,103. To break that down further, the land itself was valued at $277,241. While improvements to the property were assessed at a total of $415,862. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 10
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Duplex
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,201
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 3,366
  • Gross Building Area: 3,366
  • Building Area: 3,366
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Refrigeration air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 3,366
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCARTHY COS MAIN ST MONETA AVE
  • Land Acres: 0.119
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: THE MCCARTHY COS MAIN ST MONETA AVE AND FIGUEROA ST TRACT LOT/SEC 26 BLK/DIV/TWN B

Ownership

  • Current Owner : SEBASTIAN ANTONIO LORENZO
  • Current Owner 2: MANUEL NICOLAS FRANCISCO
  • Previous Owner : OCEAN DEVELOPMENT INC
  • Owner Before Previous Owner: HARRIS LAWRENCE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 232800

Zoning

  • Zoning: LAR2

Geography

  • Assessors Map Reference: 52-B3
  • Parcel: 5101-033-012
  • Block: B
  • Lot: 26
  • Municipality: SOUTH /L.A./FLORENCE
  • Latitude: 33.994
  • Longitude: -118.278

    Address

  • Full Address: 244 W 53rd St
  • Address - House Number: 244
  • Street Direction: W
  • Address - Street Name: 53rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C013
  • 4-Digit Zip Code: 3833
  • Zip Code: 90037

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,222
  • Tax Rate Code Area: 00-007

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 905,641
  • High Value: 1,107,959
  • Low Value: 703,322

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $589,132
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 23, 2015
  • First Open Lien Mortgage Loan Amount: $589,132
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $693,103
  • Assessed Land Value: $277,241
  • Assessed Improvements Value: $415,862

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2014
  • Current Sale Recording Date: Jan 23, 2015
  • Current Sale Transaction ID: 1034628446
  • Current Sale Price: $600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0082156
  • Previous Sale Recording Date: May 09, 2014
  • Previous Sale Contract Date: Jan 27, 2014
  • Previous Sale Amount: $204,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Jan 23, 2015
  • First Mortgage Loan Amount: $589,132
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: THOMAS NIX JR ROTH IRA
  • Previous Mortgage Transaction Date: May 09, 2014
  • Previous Mortgage Loan Amount: $348,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South LA



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Frequently Asked Questions

What neighborhood is 244 West 53rd Street located in?
The 244 West 53rd Street is a located in the neighborhood of South LA in South LA, Los Angeles.
What is the average sales price for listings in 244 West 53rd Street?
The average sales price for units in 244 West 53rd Street is $0 currently.

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